QUS

QUS has been selected as an Employer of Choice in The Australian Business Awards 2019.
The Australian Business Award for Employer of Choice [EOC] recognises organisations which have developed leading workplaces that maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention.

QUS is a leading company in the strata insurance market, providing cover to 7,000 properties ranging from a $500,000 duplex to a $1.9B Sydney CBD block of residential towers. QUS was launched in 2008 and has a strata insurance portfolio of $50 million gross written premium (GWP) with offices in Brisbane, Sydney, Melbourne and Perth.

Residential Strata Insurance is a general insurance product that covers common property buildings and structures under the management of a strata title or body corporate entity. It encompasses large commercial buildings to residential blocks of units.

Strata Select is QUS’s unique signature product in The Australian Strata Insurance market. It offers a simplified and flexible strata insurance product. The underwriting philosophy consists of writing high quality, low to medium hazard risks, and tailoring individual strata insurance solutions so that QUS caters to the needs of its brokers. Unlike its competitors’ products, Strata Select can accommodate risks that are residential, office/commercial or any mix in between, insured sums up to US$2.5B.

QUS success is all in the niche. QUS sell and distribute its products only to Australian Financial Services Licensed Insurance Brokers. This makes delivery relatively easy. The QUS commitment to broker distribution only of its Strata Select product is unique in the traditional strata insurance market. QUS have built its impressive portfolio on knowing everything it can about its brokers and what they need and want from it, so they can sell its product to their client.

Technology and automation are impacting and disrupting the insurance industry. To position themselves as leaders in the market, QUS’s strategy is to leverage and empower their people.

In 2016, QUS made it a strategic priority to focus on three aspects of the branding to ensure that they are all aligned and working together. The three parts of the branding (firstly the staff personal brands, secondly the employer brand and thirdly the QUS business brand) are all intrinsically linked in the digital world. The order that is focused, prioritised and invested in these three key branding components, shows that QUS aims to differentiate and put people first.

The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.

The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. The Employer of Choice Award recipients will participate in the international chapter of the program at the World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.

The process culminates in the selection of organisations which maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention. The recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.

Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The Employer of Choice Framework is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.

The key attributes of the Employer of Choice Framework define the characteristics of high-performing, industry leading organisations that provide a stimulating and supportive workplace. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The program provides a notable opportunity for high-performing organisations which implement world-class human resource management practices to be acknowledged and celebrated for their achievements both nationally and internationally.

Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum human resource management practises and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.

The program provides the ultimate platform for building knowledge, increasing employer brand awareness. reputation, equity, loyalty and retention through increased exposure, recognition and prestige.

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